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The Writing King Your Ethical Ghostwriter. Your Story, Done Right.

Should I Hire a Ghostwriter to Write About My Business Failing?

This entry is part 129 of 146 in the series Ghostwriting
TL;DR: A book about your business failing can rebuild a career, if it tells the truth about what went wrong, including your part, and what you learned. Readers and investors trust founders who’ve failed and can explain why. Before you write, check your agreements with investors, partners and any acquirer, protect former employees, and have a lawyer review anything about real people or confidential business. Wait until you can tell the story without the shame running it.

Readers don’t want a smooth book where everything went fine. They want the ups and downs. You lost your business: how did you recover? A competitor nearly sank you: what did you do about it? You had to close the office for six months during COVID: how did you get through it?

I tell every business client that, and I probe for the failures on purpose. Most of them are relieved, and a few are horrified. The founder whose company raised money, hired ninety people and collapsed in eleven weeks believes the collapse is the part to hide. (He’s a composite, but I’ve met many versions of him.) It’s the part readers came for.

Should I hire a ghostwriter to write about my business failing?

If you have something to teach from it, yes. A book about failure is really a book about what failure teaches: the warning signs you missed, the decisions you’d make differently, what it felt like from the inside, and how you rebuilt. That’s valuable to other founders and executives, and it’s rare, because most people won’t write it.

A ghostwriter helps you get distance from the story. You lived it as a series of crises. A ghostwriter can help you see the shape of it, find the lessons, and tell it in a way that’s honest without being self-punishing.

Will a ghostwritten book about my failed business hurt my career?

Handled well, it helps. Readers, employers, investors and clients respect a founder who can explain clearly what went wrong and what they learned. It signals self-awareness, honesty and resilience. People look for exactly those qualities in someone they’re about to trust with money or responsibility.

What hurts is a book that blames everyone else, reads as bitter, or reveals confidential information you had no right to share. The difference is in the telling, and a good ghostwriter will help you strike the right tone.

How does a ghostwriter write about my mistakes without self-pity?

Own them in simple terms, and move on to what you learned. Readers want the specifics of what went wrong: the hire you should have let go, the market signal you ignored, the loan you shouldn’t have taken. They don’t need you to beat yourself up over each one. State the mistake, show its consequences, and explain what you’d do differently. Then keep the story moving.

Show the emotion, too. The fear, the sleepless nights, the moment you knew it was over. Leaving those out makes the book cold. Dwelling on them for chapters makes it heavy. A ghostwriter can help you find the balance.

What can a ghostwritten book say about investors, partners and employees?

They’re part of the story, and they deserve care.

Check every agreement first: shareholder agreements, investor documents, settlement terms, confidentiality agreements and anything signed when the company closed or was sold. Some include confidentiality or non-disparagement terms that limit what you can say. My article on writing about your old company without getting sued covers those limits.

Former employees trusted you with their livelihoods and lost them. Be generous toward them in the book, protect their privacy, and think hard before naming anyone who didn’t choose to be public. Investors and partners can be described fairly, even when you disagree with what they did. Have a lawyer review anything that makes factual claims about real people or discloses business information.

When is the right time for a ghostwritten book about a business failure?

When you can tell the story without shame or anger running it. For some founders that takes a year. For others it takes longer. Writing too soon produces a book that’s either defensive or raw, and neither serves you well.

Legal matters also affect timing. If there’s ongoing litigation, a bankruptcy proceeding or an investor dispute, talk to your lawyer before you start interviews. Conversations with a ghostwriter aren’t legally privileged, and you don’t want your book notes becoming evidence.

What should a ghostwritten book about business failure include?

The strongest ones share a shape:

The lessons section is what turns a sad story into a book people recommend. Make it concrete and practical, with no platitudes.

Can a ghostwritten book about failure help me land my next role?

Yes, in most cases. A book gives a prospective employer, investor or client a deep, honest look at how you think under pressure. It answers the question they’d ask anyway, what happened with your last company, in a way no interview can. It also positions you as someone who has studied failure seriously. Anyone building something risky values that.

Some founders use a failure book to launch a second act as advisors, speakers or turnaround specialists. My article on turning your book into talks and courses covers how.

What should a founder do before writing about a failure?

Wait until the shame isn’t holding the pen. Check every agreement you signed with investors, partners and any buyer. Make a list of the former employees you’ll mention and decide how to protect them. Then write down, in plain terms, the three decisions you’d make differently. Those three decisions become the spine of the book.

My executive ghostwriting page covers books for founders and leaders, the Book Discovery Intensive is a confidential way to test whether the story is ready, and my ghostwriting services cover the full book.

Frequently Asked Questions

Should I write a ghostwritten book about my failed startup?
If you have lessons to share, yes. Founders who explain failure clearly and truthfully are respected, and the book can help others avoid the same mistakes.
Will a ghostwritten book about failure hurt my reputation?
Handled well, it helps. Blame, bitterness or disclosing confidential information are what hurt, and a good ghostwriter helps you avoid them.
Can I write about my investors in a ghostwritten book?
Within the limits of your agreements. Check for confidentiality and non-disparagement terms, describe people fairly, and have a lawyer review factual claims.
How long should I wait to write a ghostwritten book about a business failure?
Until you can tell it without shame or anger running it, and until any legal matters are resolved or cleared by your lawyer.
Should I name former employees in my ghostwritten book?
Rarely. Protect their privacy, and only name people who’ve agreed or are already public figures.
Can a ghostwritten failure book help me get hired again?
Yes, in most cases. It shows how you think under pressure and answers the question every employer or investor will ask about your last company.
Are my conversations with a ghostwriter protected if there’s a lawsuit?
No. They aren’t legally privileged. If litigation or bankruptcy is ongoing, talk to your lawyer before the interviews start.

About the Author
Richard Lowe, professional ghostwriter

Richard Lowe is a professional ghostwriter and author with 113+ books authored and 54+ ghostwritten. Before writing full time he spent 33 years in enterprise technology, including 20 years as Director of Computer Operations and Technical Services at Trader Joe's. He writes nonfiction, fiction and memoir, and works with executives and experts on books that build authority.

More about Richard Lowe →

Disclaimer

The views and opinions expressed in this blog post are solely those of Richard Lowe and are based on personal experience and research. This content is for informational purposes only and should not be construed as professional legal, financial, accounting, or business advice. Always consult with qualified professionals before making important business or legal decisions. Richard Lowe is not a lawyer, accountant, or licensed professional advisor, and this content does not establish any professional relationship.

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